entity · derived
Profit motive
Derived node: assembled mechanically from the claims carrying profit-motive. A roster, not an adjudicated definition.
Every claim under this term
- 3782193-007 : The unstoppable power of decentralization is threatened by unregulated competition for profits, but it can be maintained even in extreme circumstances by a secure and meaningful reputational system.
- 3782193-025 : Giving the Apaches cattle in 1917 succeeded where military force had failed because the valuable assets created a zero-sum battle over resources between lineages, generating the internal competition n
- 3782193-026 : The authors accept Brafman and Beckstrom's thesis that the best way to convert a decentralized organization into a centralized one is to introduce the profit motive, since money supplies a focal point
- 3782193-027 : Bitcoin does not refute the thesis that money centralizes decentralized projects: hashing power has slowly become concentrated in mining pools until the majority of that power resides in the single co
- 3782193-028 : Almost every blockchain project the authors are aware of is suffering under the centralizing force of competition for equity control and profit, and such projects predictably move toward centralizatio
- 3782205-012 : Historically, whenever a healthy decentralized organization began to earn money it quickly devolved into a centralized institution, because its uniting ideals shifted from transcendental value to a de
- 3782205-013 : Once the equalizing ideal that moderates a decentralized organization is lost, competition generated by the profit motive leads inevitably to centralization with rigid rules about who holds power and
- 3782214-014 : When currency is the entire proximal goal of a transaction, all participants naturally behave as selfishly as possible and exploit any opportunity for individual profit at the group's expense, which m
- 3782214-018 : Internal competition for profit creates a natural tendency to centralize power as members differentiate themselves through wins and losses, and this centralizing tendency is an additional destabilizin
- 3782214-026 : The alternatives to a reputational system for countering profit driven instability, namely external stabilizing forces such as governmental fiat and rapidly expanding profit opportunities, are inadequ